/LG

About LG

This author has not yet filled in any details.
So far LG has created 13 blog entries.

YMCA Announces Partnership with 1847Financial

(Left to Right) Danielle Cioffi (VP of Operations – Doylestown), Lisa Davis (Managing Director, 1847Financial), Eileen C. McDonnell (Chairman and CEO, The Penn Mutual Life Insurance Company), James J. Meehan, MSM (Managing Partner, 1847Financial), Patrick Bergmaier, CFP®, ChSNC™, RICP® (Special Needs Financial Planner, 1847Financial), Julianne Moore (Regional Director of Ability Program, YMCA of Bucks County), Zane Moore (President/CEO of YMCA of Bucks County), Shannon Connolly (Regional Director of Development, YMCA of Bucks County), a longtime Ability program participant and Angela Jacobsen, (Regional Director of Development, YMCA of Bucks County). YMCA of Bucks County is pleased to acknowledge [...]

2019-08-14T13:03:03-04:00August 14th, 2019|Categories: Company News|

Chairman’s Award Celebration

Chairman's Award Celebration The National Chairman's Award is one of the highest honors that Penn Mutual bestows upon the Career Agency System's managing partners and managing directors. This awards recognizes field leaders who have demonstrated exceptional all-around performance and leadership in meeting their annual goals. As the winner of the Chairman's Award in 2018, we celebrated our success at The Lucy in downtown Philadelphia.

2019-05-10T11:28:57-04:00May 2nd, 2019|Categories: Company News|

Advisor-Centric Firm Delivers Satisfaction

Advisor-Centric Firm Delivers Satisfaction An emphasis on a positive company culture and strong client relationships put 1847Financial at the top of its field. When Penn Mutual CEO Eileen McDonnell reached out to former colleague Jim Meehan in 2011 and asked if he’d be interested in taking on the challenge of turning around the company’s worst-performing financial services firm, he said he would—with one caveat. “I wanted to do it my way,” says the now managing partner of Philadelphia’s 1847Financial. “I wanted to pursue a nontraditional and advisor-centric structure in which team members partner together to help [...]

2019-03-18T13:43:02-04:00March 18th, 2019|Categories: Company News|

Plan Ahead for the Financial Stages of Life

President Lincoln once said, “If I had six days to chop down a tree, I’d spend five of them sharpening my axe.” Sometimes, planning for an event can take longer than the event itself. This is particularly true when it comes to planning a secure financial future. Many people put off financial planning, especially during uncertain economic times, because they either don’t know where to begin or they don’t think they have enough money to make it worthwhile. The truth is there is never an ideal time or place to begin, and there is no specific level of income or assets [...]

2019-01-03T15:47:56-04:00December 20th, 2018|Categories: Protection|

Why Should Newborns and Children Should Have Life Insurance?

Let me start by saying that within a month of our son’s birth I had a permanent life insurance policy put in place. The last thing in the world I want to happen is to make a claim on those policies, in fact I am 100% certain I will not. So why did I do it? Here are three reasons why this is one of the best ways to set up your child for the distant future and why they will thank you for it later. 1. It’s extremely affordable. It’s so affordable that both policies will be completely paid [...]

2019-01-03T15:42:50-04:00December 7th, 2018|Categories: Protection|

What is Special Needs Planning?

I often get asked the question, “How is special needs planning different than traditional financial planning?” The main planning goal of the parents typically does a 180 compared to most parents – these parents are concerned about living one day longer than their child. Making sure quality of life and lifetime care is there for their child (most times, their adult child) with special needs is of the utmost importance here. They are planning a “3-person retirement” – lifetime income for Mom & Dad but also a lifetime of income to support their child. With this paradigm shift of clients’ goals, we need to [...]

2018-12-07T15:21:10-04:00November 16th, 2018|Categories: Planning Strategies|

5 Reasons Why People Buy Long-Term Care Insurance

Long-Term Care. Whether in a nursing home, assisted living facility, or in-home care, there is a very likely chance of a person needing some type of skilled or custodial care in their lifetime. According to studies done by AARP, about 70% of people who reach age 65 are expected to need some form of care at least once in their lifetime. Other than the obvious reason of the high likelihood of needed LTC, let’s look at 5 reasons my clients have decided to buy LTC Insurance. Choices – People like to have the choice of where they receive their care. Some [...]

2019-01-03T15:50:09-04:00July 7th, 2018|Categories: Protection|

Learn the Medicare Alphabet

Part A: Hospital Insurance Part A is one of two parts that make up original Medicare. It helps cover inpatient care in hospitals, care in skilled nursing facilities, hospice care, and some home health care. Part B: Medical Insurance Part B is the second half of Original Medicare. It helps cover certain services from doctors and other health-care providers, outpatient care, home health care, durable medical equipment, and some preventive services. Part C: Medicare Advantage (MAPD) Part C covers all Part A and Part B benefits and services; may offer additional coverage, like vision, hearing, and dental; and may also [...]

2018-12-07T16:58:39-04:00June 14th, 2018|Categories: Protection|

Where Will Bitcoin be 1 Year from Now?

An accurate estimate of where the value of Bitcoin will be a year would be difficult, but one thing is fairly certain; Bitcoin is not going anywhere. Before discussing Bitcoin as a currency, it is critical to first define what currency is: Currency (noun): 1. Money in any form when in actual use as a medium of exchange. 2. Transmission from person to person as a medium of exchange. Money (noun): Any clearly identifiable object of value that is generally accepted as a payment for goods, services or repayment of debts.  Throughout history, there have been many forms of currency.  Gold and [...]

2019-01-03T15:47:05-04:00May 7th, 2017|Categories: Protection|

What Every Grandparent Should Know About Gifting

When it comes to most client meetings with my retiree crowd there are similar discussion points that arise time and time again.  These include a quick review of income needs with any changes that may have occurred, concerns about the stock market volatility with the new administration in our nation’s capital, or another Q&A session about our long-term care strategy.  However, once those adorable innocent grand babies enter the picture, we add a new discussion point to the agenda GIFTING!  It’s so very important to us from an emotional standpoint to help the next generations have a leg up on [...]

2019-01-03T15:04:26-04:00April 11th, 2017|Categories: Protection|
Load More Posts

Main Office

161 Washington Street, Eight Tower Bridge, Suite 700, Conshohocken, PA 19428

Phone: 610.771.0800

Fax: 458 761-9562

Web: 1847financial.com